Global capital flows to emerging countries have become quite unusual since the beginning of the Russia-Ukraine conflict
There has been a consistent capital outflow from China for almost a year and a half now (indicated by red columns). Foreign investors are losing interest in China. Another notable…
European banks next?
Man Group reports that the risk of defaults is spreading to European banks. Man Group believes that the turmoil in the banking sector, which is shaking companies like New York…
Money market funds in the U.S. have for the first time grown to $6 trillion
This is the total value of their assets. The growth continues as the Federal Reserve’s rate remains high. Recall that a couple of days ago, it was not lowered but…
Gold rush goes on
Global central bank gold reserves have increased by more than 1000 tons for the second consecutive year. In 2023, 1037 tons were acquired, slightly less than the 1081 tons purchased…
Another round of banking crisis?
New York Community Bank #NYCB shares fell more than 35% today. The bank reported an unexpected loss for the fourth quarter and also cut its dividends. This is the same…
Indebted America
Interest payments on the U.S. national debt have reached the level of one quarter’s federal budget revenue. In other words, American taxpayers effectively work for three months each year solely…